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Methyl Ethyl Ketone Market Size, Share & Trends Analysis Report by Application (Paints & Coatings, Printing Inks, Others), by Region (North America, Europe, APAC, Latin America, MEA), and Segment Forecasts, 2025-2033

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  • 80 Pages
  • August 2025
  • Region: Global
  • Grand View Research
  • ID: 6168311
Description Jump to:
The global methyl ethyl ketone market size was estimated at USD 3.92 billion in 2024 and is projected to reach 5.92 billion by 2033, growing at a CAGR of 4.7% from 2025 to 2033. The market is primarily driven by its extensive use as a high-performance solvent in paints, coatings, adhesives, and printing inks, particularly across the automotive, construction, and packaging industries.

Its fast evaporation rate and excellent solvency make it ideal for surface coatings and resin processing. In addition, the growing industrialization and infrastructure development in emerging economies, especially in Asia-Pacific, are further accelerating methyl ethyl ketone (MEK) demand across end-use sectors. The market is primarily driven by growing demand in paints and coatings, adhesives, and printing ink sectors, fueled by expansion in automotive, construction, and packaging industries. Rising urbanization and infrastructure development in emerging economies are boosting consumption of coatings and adhesives, directly impacting MEK demand. In addition, MEK’s superior solvency, low boiling point, and compatibility with various resins make it a preferred choice for high-performance formulations. Environmental regulations promoting solvent recovery and efficient usage also influence market dynamics by encouraging adoption in controlled applications.

Methyl Ethyl Ketone (MEK), also known as butanone, is a highly effective, fast-evaporating solvent widely used in industrial and commercial applications. It plays a crucial role in the production of surface coatings, adhesives, synthetic resins, and printing inks. MEK’s ability to dissolve many substances makes it indispensable in manufacturing processes, especially for automotive refinishing, furniture coatings, and flexible packaging. It also serves as an intermediate in chemical synthesis and is used in dewaxing lubricating oils. The Asia-Pacific region dominates MEK consumption, driven by rapid industrial expansion and manufacturing activity.

Global Methyl Ethyl Ketone Market Report Segmentation

This report forecasts revenue & volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. The analyst has segmented the global Methyl Ethyl Ketone (MEK) market report based on application and region
  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018-2033)
  • Paints & Coatings
  • Printing Inks
  • Other Applications
  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018-2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Latin America
  • Brazil
  • Argentina
  • Middle East & Africa
  • South Africa
  • Saudi Arabia

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the industry across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segmental and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Methyl Ethyl Ketone (MEK) Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Methyl Ethyl Ketone (MEK) Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing Trends
3.2.3. Sales Channel Analysis
3.3. Price Trend Analysis, 2018-2033
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.2. Macro-Environmental Analysis
Chapter 4. Methyl Ethyl Ketone (MEK) Market: Application Estimates & Trend Analysis
4.1. Application Movement Analysis & Market Share, 2023 & 2033
4.2. Paints & Coatings
4.2.1. Paints & Coatings Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, by Application, 2018 to 2033 (Kilotons) (USD Million)
4.3. Printing Inks
4.3.1. Printing Inks Methyl Ethyl Ketone (MEK) Market Estimates and Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
4.4. Other Applications
4.4.1. Other Applications Methyl Ethyl Ketone (MEK) Market Estimates and Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
Chapter 5. Methyl Ethyl Ketone (MEK) Market: Regional Estimates & Trend Analysis
5.1. Regional Movement Analysis & Market Share, 2023 & 2033
5.2. North America
5.2.1. North America Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.2.2. U.S.
5.2.2.1. Key Country Dynamics
5.2.2.2. U.S. Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.2.3. Canada
5.2.3.1. Key Country Dynamics
5.2.3.2. Canada Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.2.4. Mexico
5.2.4.1. Key Country Dynamics
5.2.4.2. Mexico Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.3. Europe
5.3.1. Europe Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.3.2. Germany
5.3.2.1. Key Country Dynamics
5.3.2.2. Germany Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.3.3. UK
5.3.3.1. Key Country Dynamics
5.3.3.2. UK Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.3.4. France
5.3.4.1. Key Country Dynamics
5.3.4.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.3.5. Italy
5.3.5.1. Key Country Dynamics
5.3.5.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.3.6. Spain
5.3.6.1. Key Country Dynamics
5.3.6.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.4. Asia-Pacific
5.4.1. Asia-Pacific Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.4.2. China
5.4.2.1. Key Country Dynamics
5.4.2.2. China Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.4.3. India
5.4.3.1. Key Country Dynamics
5.4.3.2. India Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.4.4. Japan
5.4.4.1. Key Country Dynamics
5.4.4.2. Japan Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.4.5. South Korea
5.4.5.1. Key Country Dynamics
5.4.5.2. South Korea Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.5. Latin America
5.5.1. Latin America Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.5.2. Brazil
5.5.2.1. Key Country Dynamics
5.5.2.2. Brazil Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.5.3. Argentina
5.5.3.1. Key Country Dynamics
5.5.3.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.6. Middle East & Africa
5.6.1. Middles East & Africa Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.6.2. South Africa
5.6.2.1. Key Country Dynamics
5.6.2.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
5.6.3. Saudi Arabia
5.6.3.1. Key Country Dynamics
5.6.3.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
Chapter 6. Methyl Ethyl Ketone (MEK) Market - Competitive Landscape
6.1. Recent Developments & Impact Analysis, by Key Market Participants
6.2. Company Categorization
6.3. Company Market Share/Position Analysis, 2023
6.4. Company Heat Map Analysis
6.5. Regional Market Analysis
6.6. Strategy Mapping
6.7. Company Profiles
6.7.1. Shell Plc
6.7.1.1. Participant’s Overview
6.7.1.2. Financial Performance
6.7.1.3. Product Benchmarking
6.7.1.4. Recent Developments
6.7.2. Arkema S.a.
6.7.2.1. Participant’s Overview
6.7.2.2. Financial Performance
6.7.2.3. Product Benchmarking
6.7.2.4. Recent Developments
6.7.3. ExxonMobil Corporation
6.7.3.1. Participant’s Overview
6.7.3.2. Financial Performance
6.7.3.3. Product Benchmarking
6.7.3.4. Recent Developments
6.7.4. Sasol Limited
6.7.4.1. Participant’s Overview
6.7.4.2. Financial Performance
6.7.4.3. Product Benchmarking
6.7.4.4. Recent Developments
6.7.5. INEOS Group
6.7.5.1. Participant’s Overview
6.7.5.2. Financial Performance
6.7.5.3. Product Benchmarking
6.7.5.4. Recent Developments
6.7.6. Maruzen Petrochemicals Co., Ltd.
6.7.6.1. Participant’s Overview
6.7.6.2. Financial Performance
6.7.6.3. Product Benchmarking
6.7.6.4. Recent Developments
6.7.7. Idemitsu Kosan Co., Ltd.
6.7.7.1. Participant’s Overview
6.7.7.2. Financial Performance
6.7.7.3. Product Benchmarking
6.7.7.4. Recent Developments
6.7.8. Nouryon
6.7.8.1. Participant’s Overview
6.7.8.2. Financial Performance
6.7.8.3. Product Benchmarking
6.7.8.4. Recent Developments
6.7.9. ENEOS Corporation
6.7.9.1. Participant’s Overview
6.7.9.2. Financial Performance
6.7.9.3. Product Benchmarking
6.7.9.4. Recent Developments
6.7.10. Nova Molecular Technologies
6.7.10.1. Participant’s Overview
6.7.10.2. Financial Performance
6.7.10.3. Product Benchmarking
6.7.10.4. Recent Developments
6.7.11. Cetex Petrochemicals
6.7.11.1. Participant’s Overview
6.7.11.2. Financial Performance
6.7.11.3. Product Benchmarking
6.7.11.4. Recent Developments
6.7.12. Kishida Chemicals Co.,
6.7.12.1. Participant’s Overview
6.7.12.2. Financial Performance
6.7.12.3. Product Benchmarking
6.7.12.4. Recent Developments
6.7.13. Vivochem
6.7.13.1. Participant’s Overview
6.7.13.2. Financial Performance
6.7.13.3. Product Benchmarking
6.7.13.4. Recent Developments
6.7.14. Arpadis
6.7.14.1. Participant’s Overview
6.7.14.2. Financial Performance
6.7.14.3. Product Benchmarking
6.7.14.4. Recent Developments
6.7.15. Muby Chemicals
6.7.15.1. Participant’s Overview
6.7.15.2. Financial Performance
6.7.15.3. Product Benchmarking
6.7.15.4. Recent Developments
List of Tables
Table 1 List of Potential End-Users
Table 2 Regulatory Framework, by Regions
Table 3 List of Raw Material Suppliers
Table 4 U.S. Macroeconomic Outlay
Table 5 Canada Macroeconomic Outlay
Table 6 Mexico Macroeconomic Outlay
Table 7 Germany Macroeconomic Outlay
Table 8 UK Macroeconomic Outlay
Table 9 France Macroeconomic Outlay
Table 10 Italy Macroeconomic Outlay
Table 11 Spain Macroeconomic Outlay
Table 12 China Macroeconomic Outlay
Table 13 Japan Macroeconomic Outlay
Table 14 India Macroeconomic Outlay
Table 15 South Korea Macroeconomic Outlay
Table 16 Brazil Macroeconomic Outlay
Table 17 Argentina Macroeconomic Outlay
Table 18 Middle East & Africa Macroeconomic Outlay
Table 19 South Africa Macroeconomic Outlay
Table 20 Saudi Arabia Macroeconomic Outlay
Table 21 Participant's Overview
Table 22 Financial Performance
Table 23 Product Benchmarking
Table 24 Company Heat Map Analysis
Table 25 Key Strategy Mapping
List of Figures
Figure 1 Methyl Ethyl Ketone (MEK) Market Segmentation
Figure 2 Information Procurement
Figure 3 Data Analysis Models
Figure 4 Market Production and Validation
Figure 5 Data Validating & Publishing
Figure 6 Methyl Ethyl Ketone (MEK) Market Snapshot
Figure 7 Methyl Ethyl Ketone (MEK) Market Segmental Outlook, 2023 (Kilotons) (USD Million)
Figure 8 Methyl Ethyl Ketone (MEK) Market: Competitive Insights
Figure 9 Global Methyl Ethyl Ketone (MEK) Market, 2023 (Kilotons) (USD Million)
Figure 10 Global Methyl Ethyl Ketone (MEK) Market Value Chain Analysis
Figure 11 Methyl Ethyl Ketone (MEK) Market Dynamics
Figure 12 Methyl Ethyl Ketone (MEK) Market: Porter's Analysis
Figure 13 Methyl Ethyl Ketone (MEK) Market: Pestel Analysis
Figure 14 Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 15 Paints & Coatings Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 16 Printing Inks Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 17 Other Applications Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 18 Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, by Region, 2018-2033 (Kilotons) (USD Million)
Figure 19 North America Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 20 U.S. Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 21 Canada Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 22 Mexico Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 23 Europe Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 24 Germany Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 25 UK Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 26 France Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 27 Italy Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 28 Spain Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 29 Asia-Pacific Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 30 China Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 31 India Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 32 Japan Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 33 South Korea Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 34 Latin America Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 35 Brazil Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 36 Argentina Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 37 Middle East & Africa Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 38 Saudi Arabia Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 39 South Africa Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 40 Methyl Ethyl Ketone (MEK) Market: Company Categorization
Figure 41 Methyl Ethyl Ketone (MEK) Market: Company Market Share Analysis
Figure 42 Methyl Ethyl Ketone (MEK) Market: Company Market Positioning Analysis
Figure 43 Methyl Ethyl Ketone (MEK) Market: Strategy Mapping

Companies Mentioned

The major companies profiled in this Methyl Ethyl Ketone market report include:
  • Shell Plc
  • ExxonMobil Corporation
  • Arkema S.A.
  • Sasol Limited
  • INEOS Group
  • Maruzen Petrochemical Co., Ltd.
  • Idemitsu Kosan Co., Ltd.
  • Nouryon
  • ENEOS Corporation
  • Nova Molecular Technologies
  • Cetex Petrochemicals
  • Kishida Chemical Co.,
  • Vivochem
  • Arpadis
  • Muby Chemicals

Table Information

Report AttributeDetails
No. of Pages80
PublishedAugust 2025
Forecast Period2024 - 2033
Estimated Market Value ( USD ) in 2024 $ 3.92 Billion
Forecasted Market Value ( USD ) by 2033 $ 5.92 Billion
Compound Annual Growth Rate4.7%
Regions CoveredGlobal
No. of Companies Mentioned16

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